Naira Outlook Brightens, Inflation Falls Amid External Reserves Rebound
…as CBN reforms, FX inflows, rising reserves lift investor confidence Samuel Mobolaji The outlook for...
Finance & Economy
Federal, States, Local Govts Share N1.681trn Revenue
The Federation Account Allocation Committee (FAAC) has distributed a total of N1.681 trillion among the...
Nigeria’s External Reserves Fall by $2.67bn on Debt Repayments, Dollar Sales
Samuel Mobolaji Nigeria’s external reserves have dropped by $2.67 billion in the first five months...
OMO Policy Falls Short as World Bank Flags N21.9trn Surge in Money Supply
Samuel Mobolaji The World Bank has raised concerns over the effectiveness of the Central Bank...
CBN Defies Odds, Posts N38.8 Billion Profit in 2024 After N1.15trn Loss
..profit after tax hits N38.84bn The Central Bank of Nigeria (CBN) recorded a net operating...
CBN Warns Public Against Fake Contracts, Loans Grant Scams
Samuel Mobolaji The Central Bank of Nigeria (CBN) has issued a renewed warning to the...
FG Targets Infrastructure Growth With N300bn Fresh Sukuk Issuance
The Federal Government has reaffirmed its commitment to bridging Nigeria’s infrastructure gap through the issuance...
CBN Spends N315bn on Currency Amid Chaotic Cash Crisis
Samuel Mobolaji Nigeria’s Central Bank spent a staggering N315.18 billion on currency management in 2024,...
DMO Offers May FGN Savings Bonds at Higher 17.173% Yield
Samuel Mobolaji The Debt Management Office (DMO), on behalf of the federal government, has opened...
CBN Makes Gain in 2024 after N1.2trn Loss in 2023
The Central Bank of Nigeria returned to profit in 2024, posting a surplus of N38.8 billion after...
